MD_DA440  
DA 
MD DA440 BUTTER - WEST 

MADISON, WI.  September 20, 2017 (REPORT 38)

In the western region, butter processors report adequate supplies of cream for 
butter manufacturing. Butter production is regular and more than sufficient to meet 
current demand. Industry-wide stocks are still comfortable to long. However, 
domestic buyers are all lining up again to buy butter. Worldwide demand and prices 
for butter are strong. Domestic bulk butter prices for this week are running 
from flat to 6 cents over the market. However, some contacts believe that 
prices may move a little lower due to a seasonal shift from bulk to print 
butter. The DMN National Retail Report-Dairy for the week of September 15-21 found 
that the U.S. weighted average advertised price of 1 pound butter is $3.84, up $.35 
from last week. The U.S. weighted average price was $3.64 one year ago. In the 
Southwest, the weighted average advertised price of 1 pound butter is $2.99, with 
no price range. No ads were reported for butter in the Northwest. The Grade AA 
butter price at the CME Group on Wednesday closed at $2.4725, up $.0550 from a week 
ago.

1530CT Florence.KoneGonzalez@ams.usda.gov 608.422.8594
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: http://www.ams.usda.gov/market-news/dairy
Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-
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